Xencor (XNCR) Tax Rate (2016 - 2026)

Xencor's (XNCR) quarterly Tax Rate came in at 0.23% in Q1 2026, up 60.0% year-on-year from 0.15% in Q1 2025, and up 99.58% on a QoQ basis from 55.95% in Q4 2025.

Xencor (XNCR) Tax Rate (2016 - 2026) Analysis & Trends

Xencor (XNCR) has 8 years of Tax Rate data on file, last reported at 0.23% in Q1 2026.

  • On a quarterly basis, Tax Rate rose 60.0% year-over-year to 0.23% in Q1 2026; TTM through Mar 2026 was 1.43%, a 47.0% decrease from a year earlier, with the FY2025 full-year figure at 2.79%, down 211.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 0.23%, up from 55.95% in the prior quarter.
  • Over the last five years, Tax Rate for XNCR reached as high as 3.33% in Q4 2022 and fell as low as 108.02% in Q4 2023.
  • Historically, Tax Rate has averaged 20.99% across 5 years, with a median of 2.13% in 2022.
  • Across the five-year window, Tax Rate plunged 11135 bps in 2023 and soared 10439 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 3.33% in 2022, then sank by 3342 bps to 108.02% in 2023, then surged by 97 bps to 3.63% in 2024, then sank by 1443 bps to 55.95% in 2025, then surged by 100 bps to 0.23% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 0.23% in Q1 2026, 55.95% in Q4 2025, and 0.8% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -0.34
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 5.61
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 12.29
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 17.68
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 12.51
7 Belite Bio 61.40 Bn 61.40 Bn - -
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -13.70
9 Revolution Medicines 37.37 Bn 37.37 Bn - -
10 Xencor 1.47 Bn 1.09 Bn - -0.23

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.23
Mar 31, 2026 -0.23
Mar 31, 2026 -0.23
Dec 31, 2025 -55.95
Dec 31, 2025 -55.95
Dec 31, 2025 -55.95
Jun 30, 2025 0.80
Jun 30, 2025 0.80
Jun 30, 2025 0.80
Mar 31, 2025 -0.83
Mar 31, 2025 -0.83
Mar 31, 2025 -0.83
Dec 31, 2024 -3.63
Dec 31, 2024 -3.63
Dec 31, 2024 -3.63
Dec 31, 2023 -108.02
Dec 31, 2023 -108.02
Dec 31, 2023 -108.02
Dec 31, 2022 3.33
Dec 31, 2022 3.33